Bank Permata preps Indonesia’s first offshore Basel 3 bond

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Bank Permata preps Indonesia’s first offshore Basel 3 bond

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JAKARTA - OCTOBER 6: Statue of Prince Diponegoro riding a horse made by Italian artist, Prof. Coberlato. October 6, 2010 in Jakarta, Indonesia | Photographer: Alexander A.Trofim/trofotodesign - Fotolia

Indonesia’s Bank Permata has hired a bank to work on the country’s inaugural Basel III compliant tier two capital transaction in the offshore bond market.

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